Report: Heat's Haslem opts out of contract

2014 NBA Finals - Game Five

Andy Lyons / Getty Images

Udonis Haslem #40 and LeBron James #6 of the Miami Heat look on from the bench in the closing minutes against the San Antonio Spurs during Game Five of the 2014 NBA Finals at the AT&T Center on June 15, 2014 in San Antonio, Texas.

Udonis Haslem #40 and LeBron James #6 of the Miami Heat look on from the bench in the closing minutes against the San Antonio Spurs during Game Five of the 2014 NBA Finals at the AT&T Center on June 15, 2014 in San Antonio, Texas. (Andy Lyons / Getty Images)

That could entice star forward LeBron James to remain with the Heat. James opted out of his deal earlier in the week.

Haslem, power forward Chris Bosh and guard Dwyane Wade share the same agent, so the players could be working together to help team president Pat Riley free up money so he improve the roster.

The Heat have been to the NBA Finals four straight years and won two titles, but lost to the San Antonio Spurs in five games earlier this month.

Haslem has been a key contributor for the Heat over the years, but his production fell off last season as he averaged just 3.8 points and 3.4 rebounds in 46 games. In the playoffs, he averaged just 10.6 minutes in six games.